Financial results stories
Westcon's FY2025 revenue rose to NZD $818.7m, but net profit fell 24% to NZD $4.8m amid higher costs and lower software sales.
Schneider Electric IT Australia's New Zealand branch posted a 37.7% revenue rise to NZ$21.73m in 2024, driven by maintenance and equipment sales growth.
Panasonic New Zealand reports a net loss of NZD $4.57 million for 2025, hit by a 25% revenue drop and rising costs, reversing last year's profit of NZD $1.67 million.
Roofbuddy has transformed roofing trades with tech, completing 3,594 orders worth NZD $78.7 million, speeding quotes from 24 days to 24 hours.
Ingram Micro New Zealand's net profit fell 39% to NZ$9.1m in 2024, hurt by softer revenue and tighter margins amid a competitive IT hardware market.
LG Electronics' NZ business posted a 29.4% rise in profit before tax to $38.5 million in 2024, despite rising operational costs and higher expenses.
Cohesity launches its Aspire Partner Programme to support global partners in delivering secure, flexible data management and cyber resilience solutions.
AdsAdvisor unveils Business Modeling, a tool helping mobile studios streamline financial planning and boost revenue forecasting across iOS, Android, and more.
Fortinet's Q2 revenue rose 14% to USD $1.63bn, prompting a USD $100m boost to its full-year billings forecast on strong growth in SASE and security services.
TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.
Datadog joins the S&P 500 after reporting USD $2.8 billion revenue, marking a 26% rise as cloud and AI markets expand globally.
Datacom Group reported steady NZD $1.48 billion revenue for FY25, focusing on AI-driven growth amid challenges in New Zealand and strong Australian contracts.
CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.
SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.
Xero posts NZD $2.1bn revenue in FY25, up 23%, with net profit rising 30% and subscriber base growing 6% to 4.41 million users globally.
monday.com reports Q1 fiscal 2025 revenue of $282.3m, a 30% rise, with record profits and cash flow boosting confidence in growth prospects.
Cisco posts Q3 revenue of USD $14.1 billion, up 11%, with net income surging 32% to USD $2.5 billion amid strong AI and security demand.
Fortinet reported Q1 2025 revenue of USD $1.54bn, up 14%, with strong growth in product and service revenue and a record operating margin.
Microsoft's Q3 revenue rose 13% to USD $70.1bn, driven by cloud and AI demand, with net income up 18% to USD $25.8bn for the quarter ending March 2025.
INSHUR raises USD $35m from Trinity Capital to boost US expansion and develop AI-driven insurance for autonomous vehicle and on-demand mobility markets.